Financial Performance - The company's revenue for Q1 2021 was ¥131,036,290.94, representing a decrease of 33.23% compared to ¥196,238,509.27 in the same period last year[7] - Net profit attributable to shareholders was ¥21,557,188.50, down 25.61% from ¥28,979,145.29 year-over-year[7] - The net profit after deducting non-recurring gains and losses was ¥14,005,054.20, a decline of 38.57% compared to ¥22,799,069.00 in the previous year[7] - Basic and diluted earnings per share were both ¥0.12, down 42.86% from ¥0.21 in the previous year[7] - The weighted average return on equity decreased to 1.98%, down 3.58% from 5.56% in the same period last year[7] - Operating revenue fell by 33.23% to ¥131,036,290.94, primarily due to the customized nature of non-standard products[16] - Operating costs decreased by 35.81% to ¥89,726,256.13, reflecting significant differences in order sizes and delivery cycles[16] - Investment income rose by 45.41% to ¥5,900,272.71, attributed to increased investment returns from joint ventures[16] - The company reported a total comprehensive income of CNY 13,187,827.24 for the quarter, compared to CNY 15,283,040.20 in the same quarter last year[51] Cash Flow and Investments - The net cash flow from operating activities was -¥52,320,330.52, a significant drop of 691.99% from ¥8,838,012.08 in the same period last year[7] - The net cash flow from operating activities was negative at -¥52,320,330.52, impacted by reduced sales collections and increased procurement payments[17] - Cash inflow from investment activities totaled CNY 343,300,486.18, a substantial increase from CNY 95,386,097.95 in the previous year[54] - Cash outflow from investment activities was CNY 589,944,812.57, compared to CNY 160,606,232.81 in the same period last year, indicating increased investment activity[54] - The net cash flow from investment activities was -196,265,754.50 CNY, compared to -4,342,974.76 CNY in the previous year, indicating a significant increase in cash outflow[58] - The company reported a total investment cash outflow of 519,518,676.24 CNY, which is a substantial increase from 44,467,714.49 CNY in the same period last year[58] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,668,731,446.83, an increase of 2.70% from ¥2,598,503,193.38 at the end of the previous year[7] - The company's current assets decreased to CNY 2,123,502,228.13 from CNY 2,141,975,358.48, indicating a decline of about 0.9%[35] - The total liabilities rose to CNY 1,515,113,091.50 from CNY 1,463,099,620.38, marking an increase of approximately 3.6%[37] - The total liabilities increased from 1,463,099,620.38 CNY to 1,473,887,177.14 CNY, reflecting an increase of approximately 0.2%[62] - The total assets increased from 2,598,503,193.38 CNY to 2,609,290,750.14 CNY, showing a growth of about 0.4%[62] Shareholder Information - Net assets attributable to shareholders increased to ¥1,100,423,703.85, up 1.99% from ¥1,078,917,718.84 at the end of the previous year[7] - The total number of ordinary shareholders at the end of the reporting period was 24,664[11] - The company's equity attributable to shareholders increased to CNY 1,100,423,703.85 from CNY 1,078,917,718.84, reflecting a growth of about 1.98%[38] Financial Management - The company reported no overdue or unrecoverable amounts in its entrusted financial management activities, indicating a stable financial management strategy[28] - The total amount of entrusted financial management during the reporting period was CNY 36,700,000, with a remaining balance of CNY 35,500,000[28] - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period, ensuring financial integrity[29] Future Outlook - The company expects a potential loss or significant change in net profit compared to the same period last year[26] - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[50]

Financial Performance - Operating revenue for the period was ¥155,566,474.46, up 17.37% from the same period last year[7] - Net profit attributable to shareholders was ¥14,788,767.22, an increase of 8.07% year-over-year[7] - Net profit excluding non-recurring items surged by 289.40% to ¥10,194,650.40[7] - The total operating revenue for the third quarter was CNY 155,566,474.46, an increase from CNY 132,539,044.80 in the previous period[37] - The net profit for the quarter was CNY 17,403,326.26, up from CNY 14,346,712.89 year-over-year[39] - The operating profit increased to CNY 15,080,831.60 from CNY 7,559,796.56 in the previous year[39] - The net profit for Q3 2020 reached ¥55,275,375.67, an increase of 10.77% from ¥50,131,795.56 in Q3 2019[52] - The total profit for Q3 2020 was ¥62,603,679.01, an increase of 12.67% compared to ¥55,504,149.44 in Q3 2019[50] Assets and Liabilities - Total assets increased to ¥2,669,776,002.17, a growth of 42.04% compared to the previous year[7] - Total liabilities increased to ¥1,555,150,829.26 from ¥1,308,887,950.19, marking a rise of about 18.9%[31] - The company's total assets amounted to ¥2,669,776,002.17, up from ¥1,879,562,992.98, which is an increase of approximately 42.1%[32] - The total current assets reached ¥2,223,043,185.15, up from ¥1,459,022,642.81, indicating an increase of about 52.5% year-over-year[29] - The company's inventory rose to ¥944,927,018.53, compared to ¥735,841,983.23 at the end of 2019, reflecting an increase of approximately 28.4%[29] - The company's short-term borrowings decreased by 48.37% to ¥14,200,000.00, as repayments exceeded new borrowings[16] - The accounts receivable increased to ¥307,376,284.73 from ¥239,064,270.46, reflecting a growth of about 28.6%[29] Cash Flow - Net cash flow from operating activities was ¥9,900,571.98, a significant increase of 128.73% compared to the previous year[7] - The net cash flow from operating activities improved by 128.73% to ¥9,900,571.98, as the company utilized bank acceptance bills for settlements[17] - The company reported a net cash flow from operating activities of ¥5,805,313.48, a significant improvement from a negative cash flow of ¥84,992,783.01 in the previous year[55] - The net cash flow from financing activities was ¥503,602,842.35, a recovery from a negative cash flow of ¥50,140,157.53 in Q3 2019[56] - The net cash flow from financing activities was 476,547,896.48 CNY, compared to -27,367,776.64 CNY in the previous period, indicating a strong recovery[59] Shareholder Information - Net assets attributable to shareholders reached ¥1,057,196,309.90, reflecting a 103.58% increase year-over-year[7] - The total number of shareholders at the end of the reporting period was 39,172[11] - The company raised a total of ¥572,832,000.00 from the initial public offering, with a net amount of ¥496,060,000.00 after deducting issuance costs[22] Expenses - The company reported a 121.48% increase in sales expenses, amounting to ¥6,980,501.55, due to higher service fees[17] - Research and development expenses were CNY 13,889,971.16, slightly down from CNY 14,138,171.72 in the prior year[38] - Research and development expenses were ¥38,927,776.98, slightly up from ¥36,776,401.72, showing a year-over-year increase of 5.8%[45] Investment Activities - The company experienced a 240.48% increase in cash inflows from investment activities, totaling ¥418,540,909.67, primarily from the redemption of bank wealth management products[17] - The company recorded an investment income of ¥13,266,781.62, an increase from ¥10,826,645.85, reflecting a growth of 22.5%[47] - Cash inflow from investment activities totaled ¥1,179,193,650.51, compared to ¥276,735,703.34 in the previous year[56] Other Financial Metrics - Basic earnings per share decreased by 20.00% to ¥0.08[7] - Weighted average return on equity was 2.67%, down 14.20% from the previous year[7] - The earnings per share (EPS) for the quarter was ¥0.43, down from ¥0.46 in the previous period[48] - The company reported government subsidies of ¥13,151,629.31 during the period[8] Compliance and Governance - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[25] - There were no violations regarding external guarantees during the reporting period[24] - The company did not undergo an audit for the third quarter report[60]